Episode 91 – HVAC & Plumbing Maintenance: Still a Hot Sector for Acquirors?

0
127

Click here to lsiten to the audio

Mario’s guests, Brent Timmerman and Jody Law, are co-CEOs of Pacific West Mechanical, a British Columbia company that provides HVAC and plumbing maintenance services to high-rise buildings, including condominium towers. Through their investment business, Gazelle Capital, Jody and Brent acquired Pacific West after a year-long partnered search and are now in their second year of operating the business. They discuss the attractive features of this sector – which include significant recession resistance – and their thoughts about generating further consolidation via M&A. In their view, the recent surge in interest in HVAC and plumbing businesses is affecting seller expectations but, at the same time, is not showing any signs of slowing down.
 

www.lexology.com

https://www.lexology.com/library/detail.aspx?g=2e742e18-7483-40b9-b604-18dc8da6b6c6